OneSpan Correlations
| OSPN Stock | USD 15.96 0.15 0.93% |
The current 90-days correlation between OneSpan and Lesaka Technologies is 0.16 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as OneSpan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OneSpan moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
OneSpan Correlation With Market
Weak diversification
The correlation between OneSpan and DJI is 0.31 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding OneSpan and DJI in the same portfolio, assuming nothing else is changed.
OneSpan |
Moving together with OneSpan Stock
| 0.92 | S | SentinelOne | PairCorr |
| 0.68 | VRNT | Verint Systems Earnings Call This Week | PairCorr |
| 0.77 | FIVN | Five9 Inc | PairCorr |
| 0.87 | FLYW | Flywire Corp | PairCorr |
| 0.94 | DBX | Dropbox | PairCorr |
| 0.7 | DLO | Dlocal | PairCorr |
| 0.66 | IOT | Samsara | PairCorr |
| 0.63 | MDB | MongoDB | PairCorr |
| 0.8 | RPD | Rapid7 Inc | PairCorr |
Moving against OneSpan Stock
| 0.62 | EVTC | Evertec | PairCorr |
| 0.56 | VRSN | VeriSign | PairCorr |
| 0.51 | MQ | Marqeta Buyout Trend | PairCorr |
| 0.35 | GB | Global Blue Group | PairCorr |
| 0.67 | TCX | Tucows Inc | PairCorr |
| 0.65 | XNET | Xunlei Ltd Adr | PairCorr |
| 0.61 | ZUO | Zuora Inc | PairCorr |
| 0.49 | SWI | SolarWinds Corp | PairCorr |
| 0.37 | DOX | Amdocs | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between OneSpan Stock performing well and OneSpan Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze OneSpan's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LSAK | 1.66 | (0.23) | 0.00 | (0.90) | 0.00 | 3.30 | 11.38 | |||
| PRTH | 4.18 | 0.02 | 0.00 | (0.08) | 0.00 | 7.33 | 33.24 | |||
| CSGS | 1.25 | 0.29 | 0.18 | 0.24 | 1.37 | 2.80 | 8.74 | |||
| SANG | 2.56 | (0.33) | 0.00 | (0.43) | 0.00 | 5.83 | 16.89 | |||
| NTCT | 1.49 | 0.03 | 0.00 | (0.07) | 0.00 | 2.20 | 16.99 | |||
| CCSI | 1.95 | 0.16 | 0.04 | 0.03 | 2.96 | 4.01 | 20.81 | |||
| ESMT | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| FORG | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| STER | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
OneSpan Corporate Management
| Tom Aurelio | Chief Officer | Profile | |
| Michael Lillie | Chief Officer | Profile | |
| Lara Mataac | General Officer | Profile | |
| Samy Ibrahim | Senior Solutions | Profile | |
| Jorge Martell | Chief Officer | Profile | |
| Sarah Hanel | Senior Communications | Profile | |
| Sameer Hajarnis | Senior Agreements | Profile |